virtual corporation

A corporation that has little physical presence. Traditionally corporations could be seen in the real world based upon the size and shape of the bricks and mortar building that houses their staff. Today, many corporations are fronted solely by their websites, for example Amazon. Whilst Amazon has extremely large warehouses full of books, the customers do not see this. Amazon is effectively a virtual corporation because almost all the customer interaction with the company is via electronic means, either website, email or telephone.